REPC. When Seller does choose to enter into Real Estate Purchase Contracts - or otherwise elects to sell the Property, Seller (or its broker, ▇▇▇▇▇ ▇▇▇▇▇▇ , Broker of Group M Marketing, LLC ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇ 84017), shall give written notice of the same to the Buyer. Buyer and Seller shall thereafter have TEN (10) calendar days from the date of said notice to negotiate and execute a REPC, which REPC shall identify the Property and the agreed upon price for the Property and other agreed upon terms and conditions. If Buyer elects to purchase the Property, the Deposit shall become part of the ▇▇▇▇▇▇▇ Money Deposit, to be credited against the Purchase Price. Upon full execution and delivery of the REPC, this Agreement shall terminate, and Buyer’s acquisition of the Property shall be governed by the REPC.
Appears in 2 contracts
Sources: Reservation Agreement, Reservation Agreement